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Research

Report

Jeddah Real Estate Market Overview - Q3 2014


The real estate market in Jeddah is showing continuous signs of growth across most sectors.

Although the residential sector saw rents decrease, sale prices have increased, particularly for apartments. The hotel and office sectors continue to perform well, experiencing an increase in rental rates and ADRs while vacancy rates remain relatively stable and in some cases are decreasing. The retail sector has experienced a marginal increase in vacancy rates, which are likely to increase further as more supply enters the market. This has not affected retail rents which are showing overall healthy growth.

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